The corridor was created in August to link Ukraine's ports to the Bosphorus Straits, several weeks after Moscow refused to agree on a new accord to allow cereal exports through the contested Black Sea. The now-defunct accord had allowed Ukraine to export nearly 33 million tons of cereals and other...

The Belgorod attack came a day after Ukraine said a barrage of Russian missile strikes on several cities killed at least 40 people, wounding dozens more. Fresh strikes Saturday caused more casualties in the northeastern city of Kharkiv, Ukrainian officials said. Belgorod lies about 30 kilometers (19 miles) from the...

Sweden and Finland bids earned approval from all NATO members except Turkey and Hungary. They remain the only NATO members left to ratify Sweden's bid 19 months after it applied for membership. Sweden and Finland dropped decades of military non-alignment and sought to join the organisation after Russia invaded Ukraine...

MOSCOW, RUSSIA - The Russian government has extended the ban on the entry of trucks from the European Union, the UK, Norway and Ukraine to the country. “The restriction will remain in effect until the circumstances that served as the basis for its introduction are eliminated,” the Cabinet noted on...

Air force commander Mykola Oleshchuk said the Su-34 jets were downed around noon on Friday. In his announcement he noted a message found on a downed Russian drone which read "Die, bitches". "Great idea! Here is our response!" he said on Telegram.

The Chinese president called for deeper bilateral cooperation during a meeting with Russia's Prime Minister Mikhail Mishustin in Beijing. The strong relationship between the two nations, which has endured despite Russia's military invasion of its neighbour Ukraine in early 2022, has faced pointed criticism from Western leaders in recent years.

Sales of Hyundai cars have tumbled in Russia.

The agency said the funding would allow it to reach 17.3m children in need of measles vaccinations, 7.6m children with acute malnutrition, and 19.3m children lacking access to education. At the same time, the United Nations Population Fund called for $1.2bn in funding "to address the mounting crises affecting women...

Washington, United States -- The United States unveiled sanctions Tuesday on individuals and companies based in China, Turkey, the United Arab Emirates and others, aiming to disrupt Moscow's military procurement networks amid its war in Ukraine. The latest actions take aim at people and entities accused of supplying Russia’s industry and...

Paris, France - Ukraine's allies have dramatically scaled back their pledges of new aid to the country, which have fallen to their lowest level since the start of the war, the Kiel Institute's Ukraine aid tracker showed Thursday. "The dynamics of support to Ukraine have slowed," the German-based institute said, adding...

Volkswagen has some 675,800 employees worldwide.

Dubai, UAE--The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region due to the ongoing Israel-Hamas conflict. The conflict will have wide-ranging consequences for "both people and economies" in the region, although the extent of the impact remains "highly uncertain," the...

Moscow's all-out invasion of Ukraine in 2022 provided Europe with a wake-up call that it needed to pump more into defense to be able to confront the threat of its bellicose eastern neighbor.

Helsinki, Finland - Finland's Olkiluoto 3, the largest nuclear reactor in Europe, stopped production on Wednesday after a test caused the plant unit to unexpectedly go offline, its operator TVO said. "During the test, the plant was supposed to produce electricity normally," said Johanna Aho, head of communication at TVO. Before production was...

NATO's other 29 allies, outside of Turkey and Hungary, had hoped to formally welcome Sweden into the alliance at the meeting of foreign ministers in Brussels.Sweden and Nordic neighbor Finland had dropped their long-standing policies of non-alignment and applied to join the US-led military alliance in the wake of Russia's...

Antwerp, Belgium - As European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny of their industry. In Antwerp's renowned diamond district -- which handles an estimated 86 percent of the world's rough diamonds -- polishing "labs" are turning to blockchain technology to...

Paris, UAE -- Permanent migration to OECD countries reached 6.1 million in 2022, a 26 percent increase compared with 2021, and its highest level since at least 2005, according to International Migration Outlook 2023. Fifteen 15 out of the 38 OECD countries registered in 2022 their highest levels of permanent...

San Francisco, US - US President Joe Biden and Chinese President Xi Jinping will try to prevent the superpowers' rivalry spilling into conflict when they meet for the first time in a year at a high-stakes summit in San Francisco on Wednesday. With tensions soaring over issues including Taiwan, sanctions and...

Mystery has surrounded who was behind the blasts that damaged the pipelines, cutting off a major route for Russian gas exports to Europe and fuelling already high tensions over Moscow's invasion of Ukraine. Different theories have emerged pointing the finger at Ukraine, Russia or the United States. All have denied...

Founded in 1957, the European Economic Community (later renamed the EU) started out with six members Belgium, France, Italy, Luxembourg,  the Netherlands and West Germany.

As when the European Union published its annual reports on candidate countries' progress towards EU norms on Wednesday, all eyes will be on Ukraine and Moldova. Turkey, a formal candidate for membership since 1999, will barely be discussed -- but it wasn't always the case.

Sotheby's and Christie's will be moving a host of big-ticket lots, though they may still have a hard time topping last year, when total sales hit a record $16 billion.

The oil giant posted a 23% drop in profits for Q3 to US$32.58bn.

During parliamentary hearings, State Duma speaker Vyacheslav Volodin said the move to revoke the treaty was a response to the United States' "cynicism" and "boorish attitudes" on nuclear weapons.

The oil giant had posted a net loss of $2.2bn the previous year.

Moscow, Russia - Russia on Monday blamed "external interference" for an anti-Israel riot that closed an airport in the Muslim-majority region of Dagestan the previous day. "Yesterday's events at Makhachkala airport are, to a large extent, the result of external interference," Kremlin spokesman Dmitry Peskov told reporters. Russian police on Monday...

London, United Kingdom - Britain on Monday awarded 27 new licenses for oil and gas exploration in the North Sea as it seeks to quickly boost energy security, but the announcement angered environmentalists. The Conservative government has argued that drilling for new oil and gas is necessary to bolster Britain's energy...

Paris, France - Billionaire Elon Musk said on Saturday that his Starlink satellite service would support internet access for "internationally recognized aid organizations in Gaza," which have faced a telecommunications blackout since Friday. Starlink is a network of satellites in low Earth orbit that can provide internet to remote locations, or...

This drop is smaller than the 31 percent fall in Q2.

The French energy firm earned a net profit of $6.7 billion.

The package also includes $7 billion for countering China and strengthening allies in the Asia-Pacific region, and over $9 billion for humanitarian assistance for Gaza, Ukraine and Israel. But most importantly, however, the huge funding ask is an attempt to bolster waning support for Ukraine by linking it with funding...

The US president trod a tightrope on his wartime visit to Israel, with key Arab allies Jordan and Egypt calling off a meeting in Amman with him over a deadly strike on a Gaza hospital. Hamas says Israel was to blame for the strike, which sparked fury across the Muslim...

Since its invasion of Ukraine in February last year, Russia has been accused of taking thousands of Ukranian chlidren to its territory. A diplomat briefed on the process said that the children, aged between two and 17, have been staying at the Qatari embassy in Moscow while Doha mediated between...

At the top of the invitation list to China's Belt and Road Initiative forum is Russia's President Vladimir Putin, on his first trip to a major global power since the Ukraine invasion threw his regime into international isolation.

The bank’s revenues rose 22 percent to US$39.9 billion.

Dubai, UAE--The UAE will sign six new comprehensive economic partnership agreements (CEPA) with South Korea, Thailand, Chile, Costa Rica, Colombia, and Ukraine over the next few months. This was revealed by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, during a press conference to announce the...

The IMF kept its 2023 global growth forecast unchanged but warned that the economy is "limping along" as inflation remains high and the outlooks for China and Germany were downgraded. The IMF's updated World Economic Outlook still sees growth of 3.0 percent for this year but it cut its forecast...

Moscow, Russia - Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia's industry hit by a flurry of Western sanctions over the offensive in Ukraine. Despite being home to a wealth of natural  resources including gas, the Central Asian country of Uzbekistan has faced energy shortages. Moscow meanwhile...

Moscow, Russia - Russia will soon discuss revoking the ratification of the Comprehensive Nuclear Test Ban Treaty, the speaker of the lower house of parliament said Friday. Vyacheslav Volodin made the announcement a day after President Vladimir Putin evoked the possibility of such a move, which could further escalate tensions between...

Geneva, Switzerland - Global trade growth will be sharply lower than forecast this year as stubborn inflation, high interest rates and the war in Ukraine pressure economies around the globe, the World Trade Organization said on Thursday. Strains in China's vast property market also prompted the WTO to cut its trade...

Moscow, Russia - President Vladimir Putin said Thursday that Russia's mission was to create a "new world" and blamed Western hegemony for Moscow's grinding offensive in Ukraine. Putin has portrayed Russia's full-scale military intervention in Ukraine -- launched in February 2022 -- as part of a long-standing confrontation with the West....

The focus has been on US Treasury bond yields that have surged to levels not seen in over a decade, suggesting doubts about prospects for growth and corporate earnings. The yield on the benchmark 10-year Treasury bond has reached the highest level since 2007 -- the beginning of two years...

RAS LAFFAN, QATAR - Qatar's state-owned energy giant began construction on Tuesday on a project to expand production from the world's biggest natural gas field through an export terminal on the Gulf emirate's northeast coast. There has been mounting demand for Qatari gas as European consumer nations have scrambled to replace...

The Gulf kingdom, the world's biggest crude exporter, had planned for a surplus of 16 billion Saudi riyals ($4.27 billion) in 2023 but now predicts a deficit of 82 billion Saudi riyals ($21.86 billion), or two percent of GDP, according to the ministry's pre-budget statement. A deficit of 79 billion...

Three hours before the deadline, the Senate voted to keep the lights on through mid-November with a resolution that had advanced earlier from the House of Representatives. The last-ditch "continuing resolution" was pitched by House Speaker Kevin McCarthy as millions of public workers looked set to be sent home unpaid.

TEL AVIV, ISRAEL - Israel's US$3.5-billion sale of its Arrow 3 missile defense system to Germany, sparked by security fears after Russia's Ukraine invasion, is the biggest yet for the small country's outsized arms sector. With its armed forces steeled by a tragic history of war, Israel is now the ninth...

Binance is likely to sell its Russian assets to CommEX.

After having forecast a contraction earlier this year in Russia's economy, the European Bank for Reconstruction and Development is now expecting the country's economy to grow in 2023 thanks to rising oil prices. The bank said in May it expected Western sanctions against Russia"to be more effective in constraining the...

US President Joe Biden has repeatedly said he is seeking to avoid a direct confrontation with Russia, a fellow nuclear power, and will not send American troops. His administration has also distanced itself from Ukrainian attacks into Russia itself. But Lavrov pointed to the billions of dollars in Western military...

Ukrainian officials said the Palau-flagged Resilient Africa vessel was carrying 3,000 tons of wheat when it left Ukraine's Chornomorsk port on Tuesday. It was destined for Israel, according to marine traffic websites, representing the first successful Black Sea voyage since Russia pulled out of a UN-backed deal to export Ukrainian...